one/off

atticus · Sep 20, 2011

Starting a journal outlining positions in spot or vol in real-time. A small subset of of trades in personal accounts (no OPM accounts). It's "one/off" and therefore won't include most of what I am trading, but rather some stuff that is liquid and easily replicable. A continuation of this thread:

http://www.elitetrader.com/vb/showthread.php?threadid=225191

FreakofNature · Sep 20, 2011

I follow your posts, you are very good.

Hope the success continues to you.

FoN

atticus · Sep 22, 2011

Thanks.

Short the FAZ Oct 72 straddle from 22.50. 200bp in skew over ATM, but will look for a trade to 66 over the next week and a flattening of the smile. A trade-off of skew vs. smile risk. You can buy the 50/100 wings to convert it now, but I am trading it naked.

FAZ 69.55 marked
combo vol-line 140%

atticus · Sep 25, 2011

Quote from atticus:

Thanks.

Short the FAZ Oct 72 straddle from 22.50. 200bp in skew over ATM, but will look for a trade to 66 over the next week and a flattening of the smile. A trade-off of skew vs. smile risk. You can buy the 50/100 wings to convert it now, but I am trading it naked.

FAZ 69.55 marked
combo vol-line 140%

Also short the 76 from 26.00. No point in posting the screenshot as it traded above there on Friday. I plan on holding for another week and then flying it off and shorting more (after the conversion).

atticus · Sep 26, 2011

Sold 25D (against each position/per contract) at 64.47... was on the road, but here is the fill:

atticus · Sep 27, 2011

FAZ closed. +1.18 avg. per contract/straddle inclusive of hedge gains.

atticus · Sep 27, 2011

GOOG vol-trade in Dec. Long the 450/650 fly from 41.00 risk. Earnings in Oct and expecting limited peak to trough move on the news (var of ~50). A risky-debit here at 41.00 and a bit of a binary play. Expect to see 520 to 585 range and will hold through Oct report.

May pull half the position at 45.00 pre-release.

atticus · Sep 28, 2011

Long the FAZ Oct 45/75 fly from 4.50 avg. risk. Long 25D/contract in shares from 59.63:

atticus · Sep 28, 2011

Quote from atticus:

Long the FAZ Oct 45/75 fly from 4.50 avg. risk. Long 25D/contract in shares from 59.63:

SL on all FAZ shares at 57.63. No SL on fly at this time. Current mark on FAZ is 60.37.

ammo · Sep 28, 2011

goog right shoulder

one/off

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